{"schema_version":"secwatch.filing_event.v1","accession":"0000717538-23-000138","form_type":"8-K","ticker":"AROW","cik":"0000717538","company_name":"ARROW FINANCIAL CORP","filed_at":"2023-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.482326+00:00","generated_at":"2026-06-13T04:35:26.667603+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Arrow Q1 net income $8.6M, down 32% YoY; deposits up $48M QoQ","bullets":["Net income $8.6M ($0.52 diluted EPS) vs $12.6M in Q1 2022; revenue $34.8M.","Net interest margin 2.96% (up from 2.90% YoY, down from 3.08% in Q4 2022).","Total loans hit record $3.0B (+$22.1M from Dec); deposits grew $48M QoQ to $3.5B.","Nonperforming assets fell to $11.3M (0.27% of assets); net charge-offs 0.10%.","David S. DeMarco appointed President and CEO effective May 13, 2023; $0.27 quarterly dividend."],"urls":{"canonical":"https://secwatch.observer/filing/0000717538-23-000138","json":"https://secwatch.observer/filing/0000717538-23-000138.json","markdown":"https://secwatch.observer/filing/0000717538-23-000138.md","text":"https://secwatch.observer/filing/0000717538-23-000138.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/717538/000071753823000138/0000717538-23-000138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/717538/000071753823000138/arow-20230724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:35:26.667603+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"54982222fd2900c954da92016e2b25fe78c532ac","claim":"ARROW FINANCIAL CORP reported the three-month period ended March 31, 2023 results: revenue $34.8 million, net income $8.6 million, EPS $0.52.","evidence_excerpt":"represented 0.27% of period-end assets. • Net charge-offs to average loans for the first quarter of 2023 were 0.10% as compared to 0.09% for the previous quarter. • Revenue was $34.8 million. • Net income was $8.6 million. • Non-interest expenses of $22.3 million included $1.0 million in incremental expenses related to the delayed filing of the Annual Report on Form","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717538/000071753823000138/0000717538-23-000138-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-month period ended March 31, 2023"},{"label":"Revenue","value":"$34.8 million"},{"label":"Net income","value":"$8.6 million"},{"label":"EPS","value":"$0.52"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}